About MTAR Technologies Limited

Founded in 1969, MTAR Technologies Limited is a pioneer in precision-engineered systems that cater to critical sectors such as Clean Energy, Aerospace, and Defence. With over five decades of rich experience, MTAR has evolved from a supplier of nuclear reactor components to a leading manufacturer of complex systems for space and defence programs. The company’s expertise spans multiple sectors, including Civil Nuclear Power, Fuel Cells, Hydropower, Aerospace, and Defence, with a growing portfolio of products for international markets. With a workforce of over 3,210 employees, MTAR maintains its leadership by consistently innovating and expanding into new growth areas.

MTAR Technologies Limited Business Segments

MTAR operates in several high-growth industries, with significant contributions from the following sectors:

• Clean Energy: MTAR generates substantial revenue from Clean Energy sectors, including Civil Nuclear Power, Fuel Cells, and Hydro Power. This segment contributed Rs. 4,169 million in FY25, accounting for over 60% of the company’s total revenue.

• Aerospace & Defence: The company’s Aerospace & Defence segment has witnessed remarkable growth, driven by strategic partnerships with ISRO, DRDO, and leading multinational aerospace companies. In FY25, the company executed Rs. 930 million in orders for liquid propulsion engines and cryogenic subsystems.

• Products & Other Sectors: This diverse segment, which includes products like electro-mechanical actuators and valves, contributed Rs. 1,475 million in FY25, marking a strong growth trajectory.

MTAR Technologies Limited Key Management

The company is led by Mr. Parvat Srinivas Reddy, the Managing Director

Latest Updates on MTAR Technologies Limited

MTAR has had a year of strategic growth and diversification:

• Aerospace Facility Expansion: The company fully operationalized a new aerospace facility in FY25 to support the growing demand for advanced aerospace components.

• Entry into Battery Storage: MTAR entered the battery storage sector, delivering its first prototype enclosure to Fluence Energy, marking a milestone in clean energy innovations.

• Expansion into Oil & Gas: The company signed a long-term agreement with Weatherford for equipment manufacturing in the Oil & Gas sector, positioning itself for future growth in this market.

• Increased Market Share: MTAR has successfully onboarded several new multinational clients in Clean Energy, Aerospace, and Defence, including Bloom Energy and Thales.